By: Patrick McRae – Grain markets felt the net selling pressure but soybeans had a supportive close to end the day with the market making fresh contract lows in July briefly trading in the $8.00 area to close higher on the day. Crop conditions reports showed improvements with corn G/E…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Trump tariff announcements have caused for yet another heavy hit to the soybean market. China has said that they will retaliate which of course is assumed to include some soybeans in that extent. Technically the corn and bean markets have pressed to new year lows in…
Overnight Market Update
By: Kelley Fornoff – Corn, soybeans, and wheat all continued lower overnight and are still near their lows on favorable weather conditions. At the break, July corn is 5’2 lower at 370’6 and July soybeans are 4’0 lower at 932’0. July Chicago wheat is 10’0 lower at 506’4, Kansas City…